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How Corporations Continue To Rape The World's Poor

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RestoreGore Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-16-07 02:13 PM
Original message
How Corporations Continue To Rape The World's Poor
Edited on Fri Feb-16-07 02:16 PM by RestoreGore
http://www.informationclearinghouse.info/article17070.htm

This is a 15 minute presentation for BBC Newsnight presented by Greg Palast regarding "Vulture Funds." It is immorality beyond comprehension.

From the link:

Vulture funds - as defined by the International Monetary Fund and Gordon Brown amongst others - are companies which buy up the debt of poor nations cheaply when it is about to be written off and then sue for the full value of the debt plus interest - which might be ten times what they paid for it.
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The Cleaner Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-16-07 02:43 PM
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1. Ever seen "The Corporation" on DVD?
If not, you should.

Vulture funds - that's a new one. It may also be one tactic used for American domination.
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RestoreGore Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-16-07 05:25 PM
Response to Reply #1
2. Thanks for the recommendation.
And I agree with your hypothesis as well, and it isn't only immoral, it is evil.
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